C&F Financial (NASDAQ:CFFI) Stock Rating Upgraded by StockNews.com

C&F Financial (NASDAQ:CFFI) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Friday.

C&F Financial Stock Performance

NASDAQ:CFFI opened at $59.06 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.90 and a debt-to-equity ratio of 0.41. The firm’s fifty day simple moving average is $75.21 and its 200 day simple moving average is $70.67. The stock has a market cap of $191.35 million, a P/E ratio of 9.79 and a beta of 0.33. C&F Financial has a twelve month low of $33.51 and a twelve month high of $89.90.

C&F Financial (NASDAQ:CFFI) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $1.87 earnings per share for the quarter. C&F Financial had a net margin of 11.67% and a return on equity of 8.97%.

Insider Buying and Selling

In other C&F Financial news, CEO Mark A. Fox sold 1,032 shares of C&F Financial stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $81.00, for a total transaction of $83,592.00. Following the completion of the transaction, the chief executive officer now owns 11,005 shares in the company, valued at approximately $891,405. The trade was a 8.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.30% of the stock is owned by company insiders.

Institutional Investors Weigh In On C&F Financial

A number of institutional investors have recently modified their holdings of CFFI. Raymond James Financial Inc. bought a new position in C&F Financial in the 4th quarter worth about $1,598,000. Truffle Hound Capital LLC bought a new position in shares of C&F Financial in the fourth quarter worth approximately $5,344,000. Empowered Funds LLC lifted its stake in shares of C&F Financial by 5.0% in the fourth quarter. Empowered Funds LLC now owns 14,203 shares of the financial services provider’s stock worth $1,012,000 after buying an additional 671 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of C&F Financial by 10.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,143 shares of the financial services provider’s stock valued at $366,000 after buying an additional 473 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new stake in shares of C&F Financial during the fourth quarter valued at approximately $218,000. 37.23% of the stock is owned by hedge funds and other institutional investors.

About C&F Financial

C&F Financial Corp. is a bank holding company, which engages in the provision of banking services to individuals and businesses. It operates through the following segments: Community Banking, Mortgage Banking and Consumer Finance. The Community Banking segment provides checking and savings deposit accounts, business, real estate, development, mortgage, home equity, and installment loans.